Maintain compliance, protect your customers, and close your platform with confidence.
Winding down a loan book is complex. Whether closing, responding to regulations, or managing insolvency, WLCF offers the technology and expertise for a secure, cost-effective wind-down.
Why choose us?
We are well known to the UK regulator. With more than a decade of experience delivering white-label financial technology, we understand the pressures involved in winding down regulated platforms. Having assisted with the successful wind down of five platforms, distributing over £500m of assets, we know how to reconcile transactions in an expedient, compliant manner. Our solutions reduce risk, lower operational cost, and offer clarity to investors during uncertain times.
We offer a fully managed wind-down solution — combining platform migration, compliance processes, automated payments, and customer support in one streamlined service.
Our Wind-Down System in Action
We supported Kroll Advisory in winding down the Business Loan Network (BLN), a long-established peer-to-peer lender.
WLCF successfully migrated more than 10GB of transaction data. This included millions of transactions performed over 10 years, to replicate the original user experience, ensuring continuity for thousands of lenders and investors. Repayments from outstanding loans were processed automatically, while full CASS-compliant reconciliation procedures were put in place as well as a customer support solution.
Key Benefits
Secure Migration from Legacy Systems
Migrate data and functionality away from unsupported, high-cost infrastructure to a secure, fit-for-purpose platform.
Familiar User Experience
Maintain a recognisable front-end dashboard to keep investors informed and engaged throughout the wind-down process.
Automated Repayment Distribution
Enable automatic withdrawal mandates and timely fund disbursement — no manual processing required.
Regulatory Compliance
Weekly reconciliation and reporting workflows aligned with FCA CASS requirements, supported by expert oversight.
Integrated Customer Support
Provide continued support through integrated eTicketing, ensuring user queries are resolved quickly and professionally.
Don’t just take our word for it - Explore our work with Kroll Advisory here!
